Tax Tips

Income splitting for business owners

Redirect profits to family members in lower tax brackets

By Bruce Ball |August 3, 2012

3 min read

CRA offers relief to disaster victims

Canadians affected by devastating weather events—such as forest fires, tornadoes, floods, landslides and hurricanes—have only one thing on their minds: rebuilding their lives. For this reason, the CRA reminds taxpayers (and their advisors) that they can apply for relief if unable to make payments. “Weather events can prevent Canadians from meeting their tax obligations,” she […]

By Staff |July 30, 2012

1 min read

Saving money on business succession

Heirs can buy your business for minimal cost and you can relieve your tax burden

By Paul McLaughlin |July 26, 2012

2 min read

Take advantage of spousal loans now

For the 14th consecutive quarter, the prescribed rate on spousal loans is staying at 1%.

July 17, 2012

3 min read